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LEGN Stock Chart & Stats
$21.30
-$3.26(-14.67%)
At close: 4:00 PM EDT
$21.30
-$3.26(-14.67%)
Day’s Range― - ―
52-Week Range$16.24 - $37.50
Previous CloseN/A
Volume4.96M
Average Volume (3M)2.46M
Market Cap
$4.21B
Enterprise Value$4.91K
Total Cash (Recent Filing)$964.63M
Total Debt (Recent Filing)$278.21M
Price to Earnings (P/E)―
Beta0.72
Next Earnings
Nov 17, 2026EPS Estimate
0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.50
Shares Outstanding193,439,790
10 Day Avg. Volume1,588,208
30 Day Avg. Volume2,457,722
Financial Highlights & Ratios
PEG Ratio-0.21
Price to Book (P/B)4.00
Price to Sales (P/S)3.89
P/FCF Ratio-23.85
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$48.07Price Target Upside125.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)$1.44B
Bulls Say, Bears Say
Bulls Say
CARVYKTI Commercial GrowthRapid CARVYKTI growth, broader geographic access and increasing use in earlier treatment lines support a durable commercial base. Expansion across treatment sites and community hospitals can extend adoption and improve the product’s long-term revenue potential.
Improving ProfitabilityThe move to company-wide profitability and sharply improved operating margins show meaningful operating leverage as revenue scales. Management’s expectation for sustained adjusted profitability in the second half of 2026 supports a more durable path toward self-funded growth.
Liquidity And Low LeverageA sizable cash position and absence of long-term debt provide financial flexibility to fund commercialization, pipeline development and manufacturing investments. The strengthened balance sheet reduces refinancing pressure while the company works toward consistent positive cash generation.
Bears Say
Persistent Cash BurnDespite improving earnings, Legend remains dependent on existing liquidity or external financing because operations are not yet self-funding. Continued cash burn could constrain investment capacity and create dilution or funding risk if profitability and working-capital conversion do not improve.
Product Concentration And CompetitionHeavy reliance on CARVYKTI and the Janssen collaboration leaves Legend exposed to one product, one partner and changing treatment algorithms. Strong bispecific competition could reduce future uptake, alter treatment sequencing or weaken the durability of the current growth trajectory.
Leadership TransitionAn interim leadership structure creates execution and governance uncertainty during a period of commercial expansion and pipeline investment. Although management describes the change as strategic continuity, a prolonged search could affect decision-making, accountability and stakeholder confidence.
LEGN FAQ
What was Legend Biotech Corporation’s price range in the past 12 months?
Legend Biotech Corporation lowest stock price was $16.24 and its highest was $37.50 in the past 12 months.
What is Legend Biotech Corporation’s market cap?
Legend Biotech Corporation’s market cap is $4.21B.
When is Legend Biotech Corporation’s upcoming earnings report date?
Legend Biotech Corporation’s upcoming earnings report date is Nov 17, 2026 which is in 72 days.
How were Legend Biotech Corporation’s earnings last quarter?
Legend Biotech Corporation released its earnings results on Aug 11, 2026. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.056 by $0.034.
Is Legend Biotech Corporation overvalued?
According to Wall Street analysts Legend Biotech Corporation’s price is currently Undervalued.
Does Legend Biotech Corporation pay dividends?
Legend Biotech Corporation does not currently pay dividends.
What is Legend Biotech Corporation’s EPS estimate?
Legend Biotech Corporation’s EPS estimate is 0.01.
How many shares outstanding does Legend Biotech Corporation have?
Legend Biotech Corporation has 193,439,790 shares outstanding.
What happened to Legend Biotech Corporation’s price movement after its last earnings report?
Legend Biotech Corporation reported an EPS of $0.09 in its last earnings report, beating expectations of $0.056. Following the earnings report the stock price went up 5.663%.
Which hedge fund is a major shareholder of Legend Biotech Corporation?
Currently, no hedge funds are holding shares in LEGN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Legend Biotech Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$48.07 (125.68% Upside)
$48.07 (125.68% Upside)
Blogger Sentiment
Bullish
LEGN Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 2.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $171.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 4.3%
Last 30 Days ▲ 4.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-38.49%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
3.61%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Legend Biotech Corporation
Legend Biotech Corporation, through its subsidiaries, operates as a biopharmaceutical company that discovers, develops, manufactures, and commercializes novel cell therapies for oncology and other indications in the United States, China, and Europe. Its lead product candidate is ciltacabtagene autoleucel, or cilta-cel, which is a chimeric antigen receptor (CAR-T) therapy for the treatment of multiple myeloma (MM). The company also has a portfolio of earlier-stage autologous CAR-T product candidates targeting various cancers, including acute lymphoblastic leukemia, gastric cancer, esophageal cancer, pancreatic cancer, colorectal cancer, small cell lung cancer, and non-small cell lung cancer. In addition, it develops allogeneic gamma delta CAR-T and allogeneic CAR-NK product candidates targeting B-cell maturation antigen (BCMA) for MM, which are in investigator-initiated Phase 1 clinical trials in China. The company has a collaboration and license agreement with Janssen Biotech, Inc. for the development and commercialization of cilta-cel, as well as a license agreement with Novartis Pharma AG for the development, manufacture, and commercialization of CAR-T cell therapies targeting delta-like ligand protein 3. Legend Biotech Corporation was founded in 2014 and is headquartered in Somerset, New Jersey.
LEGN Company Deck
LEGN Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong commercial momentum for CARVYKTI (50% YoY sales growth to ~$657M, double-digit sequential growth), a milestone move to company-wide profitability with improving operating margins, robust liquidity (~$965M) and encouraging early in vivo and DLL3 clinical data (notably LB2501 dose cohort results). Management emphasized disciplined cost control and a clear financial plan while pursuing an IND for LB2501 by year-end. Key near-term challenges include leadership transition, gross margin volatility due to outpatient mix, a materially higher tax expense, ongoing competition from bispecific agents and the early-stage nature of some in vivo data. On balance, the positives (strong sales, profitability milestone, cash runway, and promising clinical readouts) materially outweigh the identified risks.View all LEGN earnings summariesLEGN Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$48.07
▲(125.68% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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Ownership Overview
0.17% Insiders
13.26% Mutual Funds
25.07% Other Institutional Investors
58.14% Public Companies and
Individual Investors










